Goldman Sachs Downgrades Fibria Celulose SA (FBR) to Neutral

July 8, 2011 8:16 AM EDT Send to a Friend
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Price: $10.91 +0.93%

Rating Summary:
    2 Buy, 4 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 21
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Goldman Sachs downgraded Fibria Celulose SA (NYSE: FBR) from Buy to Neutral and removed the stock fro their LatAm Focus List.

The firm is more cautious on the near-term pulp price outlook and see a lack of drivers.

For more ratings news on Fibria Celulose SA click here and for the rating history of Fibria Celulose SA click here.

Shares of Fibria Celulose SA closed at $13.47 yesterday, with a 52 week range of $12.76-$19.55.


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